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Caixa Geral De Depósitos
Caixa Geral de Depósitos (CGD) () is a Portuguese state-owned banking corporation, and the largest bank in Portugal, established in Lisbon in 1876. CGD now has presence in 23 countries spanning four continents through branches, representative offices or direct equity interests in local financial institutions. CGD is the largest Portuguese financial group, with the highest domestic market shares in key areas such as customer deposits, loans and advances to customers, mortgages, insurance, mutual funds and real estate leasing (11.4%). Based on assets, it ranks 109 in terms of the world’s major banks. CGD is the 69th largest European bank. History *1876 — Caixa Geral de Depósitos was founded under the aegis of the Junta de Crédito Público. *1880 — Caixa Económica Portuguesa was founded as a savings bank for Portugal's poorer classes. *1885 — The two Caixas merged. *1896 — CGD was spun off from the Junta de Crédito Público. This was followed by the creation of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and dev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vigo
Vigo ( , , , ) is a city and municipality in the province of Pontevedra, within the autonomous community of Galicia, Spain. Located in the northwest of the Iberian Peninsula, it sits on the southern shore of an inlet of the Atlantic Ocean, the Ria de Vigo, the southernmost of the Rías Baixas. The municipality, with an area of and a population of 299,321 on June 15, 2022 including rural parishes, is the most populous municipality in Galicia. The area of the municipality includes the Cíes Islands, part of the Atlantic Islands of Galicia National Park. Vigo is one of the region's primary economic agents, owing to the French Stellantis Vigo Plant and to its port. Close to the Portugal–Spain border, Vigo is part of the Galicia–North Portugal Euroregion. The European Fisheries Control Agency is headquartered in Vigo. History In the Early Middle Ages, the small village of Vigo was part of the territory of Galician-speaking neighbouring towns, particularly Tui, and suffer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Angola
, national_anthem = " Angola Avante"() , image_map = , map_caption = , capital = Luanda , religion = , religion_year = 2020 , religion_ref = , coordinates = , largest_city = capital , official_languages = Portuguese , languages2_type = National languages , languages2 = , ethnic_groups = , ethnic_groups_ref = , ethnic_groups_year = 2000 , demonym = , government_type = Unitary dominant-party presidential republic , leader_title1 = President , leader_name1 = João Lourenço , leader_title2 = Vice President , leader_name2 = Esperança da CostaInvestidura do Pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Sovereign Debt Crisis
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, is a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone member states (Greece, Portugal, Ireland, Spain, and Cyprus) were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF). The eurozone crisis was caused by a balance-of-payments crisis, which is a sudden stop of foreign capital into countries that had substantial deficits and were dependent on foreign lending. The crisis was worsened by the inability of states to resort to devaluation (reductions in the value of the national currency) due to having the Euro as a shared currency. Debt accumulation in some eurozone members was in part due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Brazil
The Central Bank of Brazil ( pt, Banco Central do Brasil) is Brazil's central bank. It was established on Thursday, 31 December 1964, a New Year's Eve. The bank is not linked to any ministry, currently being autonomous. Like other central banks, the Brazilian central bank is the principal monetary authority of the country. It received this authority when it was founded by three different institutions: the (SUMOC), the Banco do Brasil (BB), and the . One of the main instruments of Brazil's monetary policy is the Banco Central do Brasil's overnight rate, called the SELIC rate. It is managed by Monetary Policy Committee (COPOM) of the bank. The bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration. during the 2011 Global Policy Forum in Mexico. Since 25 February 2021, it i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Caixa Geral
Banco Caixa Geral had its headquarters in Vigo, Spain, and was a subsidiary of Portugal's the largest bank, the government-owned Caixa Geral de Depositos. History In 1991, Caixa Geral acquired Banco de Extremadura and the former operations of Chase Manhattan Bank (Spain), which became Banco Luso Espagnol. Banco de Extremadura traced its origins back to 1939. In 1965, the name became Sanchez de Caceres and in 1972 transformed into Banco de Extremadura. Then in 1994, Caixa Geral acquired Banco Simeón from Banesto. Banco Simeón had been founded in 1857 in Vigo Vigo ( , , , ) is a city and municipality in the province of Pontevedra, within the autonomous community of Galicia, Spain. Located in the northwest of the Iberian Peninsula, it sits on the southern shore of an inlet of the Atlantic Ocean, the ..., Spain. In 2002, Caixa Geral merged all three banks under the Banco Simeón name. In 2006, Banco Simeón changed its name to Banco Caixa Geral. On November 22, 2018, ABAN ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercantile Bank Holdings Limited
Mercantile Bank Limited is a South African commercial bank, founded in 1965. It was previously called Bank of Lisbon International. The bank is headquartered in Sandton, South Africa, and provides products and services in retail banking, corporate finance, asset management, equity brokerage and security. It is a fully owned subsidiary of Mercantile Bank Holdings Limited, which in turn is owned by the holding company registered in Portugal – Caixa Geral de Depósitos S.A. In 2019, Capitec Bank bought Mercantile Bank South Africa. In October 2019, the South African Minister of Finance and other Regulatory Authorities formally approved Capitec's purchase and acquisition of Mercantile Business Bank. As of November 2019, Capitec Bank bought all the shares of Mercantile Bank Ltd from CGD and serves as its business banking branch. It has more than 15 branches in South Africa, and employs between 501 and 1000 employees. History The bank was founded in Republic of South Africa i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mercantile Lisbon Bank Holdings Limited
Mercantile Bank Limited is a South African commercial bank, founded in 1965. It was previously called Bank of Lisbon International. The bank is headquartered in Sandton, South Africa, and provides products and services in retail banking, corporate finance, asset management, equity brokerage and security. It is a fully owned subsidiary of Mercantile Bank Holdings Limited, which in turn is owned by the holding company registered in Portugal – Caixa Geral de Depósitos S.A. In 2019, Capitec Bank bought Mercantile Bank South Africa. In October 2019, the South African Minister of Finance and other Regulatory Authorities formally approved Capitec's purchase and acquisition of Mercantile Business Bank. As of November 2019, Capitec Bank bought all the shares of Mercantile Bank Ltd from CGD and serves as its business banking branch. It has more than 15 branches in South Africa, and employs between 501 and 1000 employees. History The bank was founded in Republic of South Africa i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macau
Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a population of about 680,000 and an area of , it is the most densely populated region in the world. Formerly a Portuguese colony, the territory of Portuguese Macau was first leased to Portugal as a trading post by the Ming dynasty in 1557. Portugal paid an annual rent and administered the territory under Chinese sovereignty until 1887. Portugal later gained perpetual colonial rights in the Sino-Portuguese Treaty of Peking. The colony remained under Portuguese rule until 1999, when it was transferred to China. Macau is a special administrative region of China, which maintains separate governing and economic systems from those of mainland China under the principle of " one country, two systems".. The unique blend of Portuguese and Chinese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Timor
East Timor (), also known as Timor-Leste (), officially the Democratic Republic of Timor-Leste, is an island country in Southeast Asia. It comprises the eastern half of the island of Timor, the exclave of Oecusse on the island's north-western half, and the minor islands of Atauro and Jaco. Australia is the country's southern neighbour, separated by the Timor Sea. The country's size is . Dili is its capital and largest city. East Timor came under Portuguese influence in the sixteenth century, remaining a Portuguese colony until 1975. Internal conflict preceded a unilateral declaration of independence and an Indonesian invasion and annexation. Resistance continued throughout Indonesian rule, and in 1999 a United Nations–sponsored act of self-determination led to Indonesia relinquishing control of the territory. On 20 May 2002, as ''Timor-Leste'', it became the first new sovereign state of the 21st century. The national government runs on a semi-presidential syste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dili
Dili ( Portuguese/ Tetum: ''Díli'') is the capital, largest city of East Timor and the second largest city in Timor islands after Kupang (Indonesia). It lies on the northern coast of the island of Timor, in a small area of flat land hemmed in by mountains. The climate is tropical, with distinct wet and dry seasons. The city has served as the economic hub and chief port of what is now East Timor since its designation as the capital of Portuguese Timor in 1769. It also serves as the capital of the Dili Municipality, which includes some rural subdivisions in addition to the urban ones which make up the city itself. Dili's growing population is relatively youthful, being mostly of working age. The local language is Tetum, however residents include many internal migrants from other areas of the country. The initial settlement was situated in what is now the old quarter in the eastern side of the city. Centuries of Portuguese rule were interrupted in World War II, when Dili becam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unibanco
Unibanco S.A. was a Brazilian bank which operated from 1924 to 2009, when it was merged into Banco Itaú. The name stood for ''União de Bancos Brasileiros'' ("Union of Brazilian Banks"). Foundation In 1924 João Moreira Salles established the Casa Bancária Moreira Salles (Moreira Salles Banking House) in the city of Poços de Caldas, state of Minas Gerais. His son, Walter Moreira Salles, was named an acting partner in 1933 at the young age of twenty-one. Regional mergers During 1940, Banco Moreira Salles catalyzed its growth by merging with three regional banks, eventually changing its name to União de Bancos Brasileiros (Unibanco). Acquisition of Banco Nacional In time its headquarters moved to São Paulo, in the homonymous state, Brazil's largest financial center. Unibanco grew to be the third largest non-government bank in the country, largely due to the 1995 acquisition of Banco Nacional, which went bankrupt alongside other major financial houses during the national ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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